News round-up: Social security COLAs in danger. Plus: wrangling over the state budget

April 1, 2009 | Alex Stone

Social Security tax receipts fall with job losses: The recession is projected to wipe out annual cost-of-living increases for 50 million Social Security beneficiaries for the next three years, something that hasn’t happened since automatic adjustments were adopted in 1975. | Seattle Times

With billions to cut, state budget negotiations begin: Gov. Gregoire and Democrats will spend many hours agreeing on a spending plan for the state. | Everett Herald

House Democrats offer their budget proposal: House Democrats unveiled a $32.2 billion budget plan Tuesday that includes no new taxes but would cut nearly $4 billion in spending over the next 27 months. | The Olympian

Washington state House budget plan: $4B in cuts: The state House of Representative rolled out a budget proposal with about $4 billion in cuts Tuesday, a day after the state Senate offered its own proposal. | Puget Sound Business Journal

The House and Senate Budgets: Different Priorities?: Like the Senate budget, the House budget contains deep cuts to core public investments. Much of the focus of the conversation today has been about the differences between the two. One emphasizes access to workforce training programs. The other, helping maintain a basic standard of living for people who cannot work due to disability. And so on. | Schmudget

Budget negotiators in Olympia now must work out deal: The final fight over how to hack billions out of the state budget kicked off Tuesday with the release of the House proposal. Negotiators from the House, Senate and Governor’s Office will move back behind closed doors to work out a compromise, now that all three branches have released their spending plans for the next two years. | Seattle Times

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Posted in Paid Sick Days, Retirement Security, State Economy, Tax and Budget, Work & Family

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